United Airlines(NASDAQ) UAL

United Airlines Holdings, Inc. flies people and cargo around the world. It uses a mix of large and small aircraft for travel. The company also helps other airlines with maintenance and training.

What United Does

• Passenger Services: Air travel for passengers across domestic and international routes; revenue grew 16.4% year over year in the second quarter of 2026.
• Cargo Operations: Shipping services for freight and mail; revenue increased 22.6% year over year in the second quarter of 2026.
• Other Services: Loyalty programs and airport lounge access; revenue rose 7.7% year over year in the second quarter of 2026.

Expanding the Fleet and Network

• Lowered the interest rate on a term loan credit facility in Feb. 2026.
• Signed a new collective bargaining agreement with the Association of Flight Attendants.
• Repurchased 0.3 million shares for $27 million during the first half of 2026.
• Added new aircraft to the fleet during the six months ended June 30, 2026.

Why United Is Different

The airline operates a global network across North America, Europe, Asia, and the Middle East. It also earns revenue from non-airline partners like JPMorgan Chase Bank through its credit card program.

A Look at the Numbers

• Operating revenue was $17.7 billion in the second quarter of 2026, up 16.0% year over year.
• Net income was $805 million in the second quarter of 2026, down 17.3% year over year.
• Aircraft fuel costs rose 84.1% year over year to $5.1 billion in the second quarter of 2026.
• Unrestricted cash and short-term investments totaled $16.6 billion as of June 30, 2026.

The Big Picture

United has transformed into a global carrier with diverse revenue from passengers, cargo, and loyalty partnerships. It continues to update its fleet while managing significant fixed obligations and debt.